Wednesday, July 9, 2025
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Oil & Energy

Government signs off on gas extraction near North Sea island

Agency Report - Controversial plans to start gas extraction off the German North Sea island of Borkum have gained approval from the government in Berlin. The...

OMT Makes History, Welcomes West Africa’s First LNG-Powered Container Ship

In a historic development for Nigeria's maritime sector, the Onne Multipurpose Terminal (OMT) on Friday received the Kota Oasis, a Singaporean-flagged, LNG-powered container ship...
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NNPC Spokesman Olufemi Soneye Resigns

Olufemi Soneye, spokesman of Nigerian National Petroleum Company (NNPC) Limited, has resigned from his position. Soneye announced his resignation in...

PETROAN Warns Dangote Refinery Plan Could Cause Job Losses, Fuel Monopoly

Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has expressed concerns that Dangote Refinery’s plan to distribute fuel...

Nigeria Leads Africa in Oil Output Despite Decline — OPEC

Organisation of the Petroleum Exporting Countries (OPEC) has reported that despite a decrease in production, Nigeria has maintained its...

Abbas decries non-remittance of 5% of petrol price to FERMA

Agency Report - Speaker of House of Representatives, Rep. Tajudeen Abbas, has decried the non-implementation and non-remittance of the five...

Nigeria’s Fuel Price 55% Below Regional Average, Says Dangote

Aliko Dangote, the President of Dangote Refinery, stated that the refinery’s production capacity of 650,000 barrels per day has...

Oil Resumption: MOSOP, Ogoni Liberation Initiative Accuses FG of Provocations

The Movement for the Survival of the Ogoni People (MOSOP) and the Ogoni Liberation Initiative  have criticized the federal...